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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 70521 › Proposal

An emissions rate may not fall below zero

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70521, Sec. 70521. Written by .

An emissions rate may not fall below zero

The document says “may notWho acts: Secretary of the TreasuryHow: statuteSec. 70521 in the PDF
What the document says

“For purposes of this section, the emissions rate for a transportation fuel may not be less than zero.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70521

The section adds a new subparagraph (E) to section 45Z(b)(1) of the Internal Revenue Code of 1986 barring an emissions rate below zero, and rewrites subparagraph (C) so the Secretary may round rates to the nearest multiple of 5 kilograms of carbon dioxide equivalent per million British thermal units. The change applies to rates published for fuel produced after December 31, 2025.

What the document actually says

“For purposes of this section, the emissions rate for a transportation fuel may not be less than zero.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70521
That sentence, in plain words

The rate for a transport fuel may not go below zero. Zero is the floor.

What this is about

A rate below zero would mean the fuel takes carbon out. The Secretary may also round rates. Rounding is to the nearest five units.

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